Newmont (NEM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Newmont

NYSE•Basic Materials•Gold

$107.47-1.62(-0.01%)After hours

Market Cap

$114.44B

P/E

12.4x

P/S

4.3x

P/B

3.2x

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

How this company scores

ExcellentMetricSide Score: 92/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (19/25).

Profitability25/25

Growth25/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.4x5y range 10.3x – 62.1x

Currently near its 12-quarter median.

P/S · 4.3x5y range 2.2x – 5.1x

Currently above its 20-quarter median.

P/B · 3.2x5y range 1.2x – 3.3x

Currently above its 20-quarter median.

Price & Volume

Market Cap $114.44B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $26.61B
Q. Revenue: $6.36B
TTM EBITDA: $16.57B
TTM Op. Income: $14.04B
Q. Op. Income: $3.21B
TTM Net Income: $9.24B
Q. Net Income: $2.48B
EPS: $2.36
Shares Out.: $1.05B

$26.61B in TTM revenue grew 23.7% YoY, reaching $6.36B last quarter. TTM EBITDA of $16.57B and TTM operating income of $14.04B show growth is flowing through to the bottom line. TTM net income of $9.24B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 66.3%
EBITDA Margin: 60.4%
Op. Margin: 50.4%
Net Margin: 38.9%

Op. margin of 50.4% is up 5.1% YoY — cost efficiency is improving. Net margin at 38.9% and gross margin of 66.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 11% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.4x
P/S Ratio: 4.3x
P/B Ratio: 3.2x

At 12.4x P/E, the stock trades below typical market levels. P/S of 4.3x and P/B of 3.2x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 4% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $58.18B
Cash: $8.83B
Long-Term Debt: $5.09B
Book Value: $35.85B
D/E Ratio: 0.1
Debt/EBITDA: 1.3

With $58.18B in assets and $5.09B in long-term debt, D/E is 0.1and book value is $35.85B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.77B
TTM Free Cash Flow: $10.07B
FCF Margin: 37.9%
FCF / Net Income: 1.1

TTM FCF of $10.07B on $2.77B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.